The concept of leasing - not all Russians inspires confidence. And in vain! Sometimes the car lease is confused with the lease agreement with the subsequent ransom, but this is not correct. Leasing is more like a car loan, as it gives installments to buy a car with the right of its use. In this article we will analyze what the lease agreement and the lease agreement differ.

Car leasing, features of a car leasing

Rental property is clear to each Russian, as the rental is the possibility of using the property for the appointed fee.

If the client decided to take the property to lease, he concludes a contract with a landlord, which describes the rules for the use of property, and the rules for making payment and penalties for violation of the contract are also included.

And now we will deal with the difference between the car lease from the rental of a car with the right of redemption:

If the car is leased with the right of redemption, two parties are involved in this transaction, and when the car is taken under the lease agreement, in this case three sides, car seller, the lessor and the lessee take part in the transaction.

Leasing company purchasing a car or other vehicle from the dealer, i.e. The lessor acquires a car from the seller. Then, the lessor gives the lessee a car or other vehicle to use.

At the time of use, the lessor carries all responsibility for documents, taxes, sometimes for insurance of vehicles.

In addition to the above obligations listed, the lessor undertakes to transfer the car to the lessee after the end of payments by car.

Thus, we see that leasing, vehicles, is not a simple rent, but is the purchase of a vehicle by installments, but the lessee will be in the ownership of the vehicle, only closing all payments.

The feature of the leasing of cars is the possibility of the lessee to choose the car you need himself, then the lessor acquires this car for the transfer of the lessee of this vehicle to property.

The lessee and the lessor conclude an agreement in which all the rights and obligations of the transaction participants are recorded, the contract includes the conditions for repurchase of property to property.

What is the "chip"?

At first glance, this is the same loan, but taking a car loan, the client immediately gets the machine for use, has the rights and obligations of the owner, i.e. The client himself pays taxes, insurance, etc.

But during the period of payment of the cost of the car, the car is pledged by the bank.

If the client does not pay a loan in a timely manner, the bank will try to withdraw a car, but he will have to first find a client, to spend the work on paying debt with him, then submit it to the court and only after that will get the opportunity to return the car.

If the car is acquired by leasing, the lessor retains the ownership of the car and if the client does not pay contributions, the contract is divorced and the car is taken away.

Car leasing, which is a lease agreement

The main document confirming the fact of leasing transaction is the lease agreement on the car.

The contract reflects all the conditions for the transaction, on the rights and responsibilities of the participants of the transaction, is recorded responsibility that will follow due to non-fulfillment of the contract.

And although it is not necessary to register the lease agreement through the legal office, in a lease agreement on a car, a complete information of the transaction participants must be specified.

In a contract, the following information must be specified:

• full information about the vehicle. Leasing companies mainly work with various vehicles. Any vehicle from a passenger car, agricultural machinery, road construction equipment, etc. For leasing companies, there are no restrictions in brands and models, even used equipment, allowed to take into lease;
• the lease agreement is denoted by the time of providing transport to leasing. The contract may make a deal from year to three or more. But the longer the leasing period of the transaction, the longer the amount overpays the client;
• the contract necessarily contains the period and procedure for payment. The use of leasing in the form of deferred payment is allowed. This form implies repayment of the main cost of transport not immediately after purchase, but a few months after the purchase of transport. But the client, during the deferment of payments, should pay interest, as a small amount for using vehicles. The contract describes in detail the repayment time and the amount of money that the client pays;
• the lease agreement specifies in detail the conditions for the transition of the machine to the customer property, after which payment, the car completely passes to the client with a decorated package of documents;
• the lease agreement should indicate the rights and obligations of both parties. The moment of passage must be painted, in the event of an accident, who is repaired, who makes up insurance, etc. And although the car is not the property of the lessee, the client is responsible for the car, so it must use it gently and comply with all the rules;
• in the lease agreement, the Terms of Termination of the Treaty and fines for the late payments must be painted. The lessee has the right to know about his payments, calculate its capabilities and in case of emergency situations, the client has the right to apply to the lessor asking for the extension of the contract.

The leasing company benefits the extension of payments and it usually goes to a meeting to the client.

At the same time, if the lessee is an irresponsible face, poorly handles appliances, it is bad serves it, payments are not in a timely manner - the transport leasing agreement is terminated and the vehicle is returned to the legal owner.

With such a situation, all paid money is not returned, as in the contract it is written that this money pay for the rental of the car.

Buying a car through leasing, a more accessible procedure than car loan.

Upon receipt of leasing, you do not need to confirm your payment ability, have official stable income, etc., since in case of violation of the leasing contract, the vehicle will simply take place.

Buying a car by leasing program - the ability to purchase a good car in installments with a minimum percentage of markings.